Norwegian $136 million unsecured bond issue oversubscribed

Low-cost carrier Norwegian Air Shuttle has completed a NOK1 billion ($136 million) unsecured bond issue, which will mature in May 2018. The settlement date for the loan is expected to be May 20.
The airline said that net proceeds from the bond issue would be used for “general corporate purposes.” An application will be made to list the bonds on the Oslo Stock Exchange.
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Arctic Securities, Danske Bank Markets and DNB ...

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